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control and the president's budget. president obama delivering the budget ro pose sal two months late. neither democrats nor republicans seem to like it. republicans won't have any of mr. obama's tax hike and higher spending andteams upset the president wants smaller indecrease in payment to retiree. the $3.7 trillion proposal amounts to the largest budget in american history. it doesn't come close to balancing, deficits in perpetuity. the president looking for easy win on gun control and looking for congress to produce the first major fun control legislation in two decades. but it's unclear what the president can get through congress. they agree there is no chance of passage for limit on magazines and the rest is window dressing on an issue that the country takes more seriously than the president originally estimated. he will take all of that up with ted cruz who emerged on the first year in washington as one of the party's national leaders. wayne lapierre will join us as well. other stories, kim jong un taking his bellicose rhetoric to new heights issuing daily threats against the u
brennan or obama or others to describe it in accurate terms precludes us from responding effectively. lou: can someone tell me why in the world we're watching a administration that initially refuse to call it a terrorism. they have not acknowledged it is seated in any radical islamist world view. what is the point of this? when are we going to see a brake through here in the -- breakthrough in the mind set of the government, we should point out, this is a mind set that was shared by the bush administration,. >> at the end certainly. lou: early as 2002, a major issue went to use expression radical i islamist this nation will destroy itself if we cannot speak honestly about our enemies. >> it is okay we'll pass the immigration bill, and 11 million people will get citizenship. lou: your sense of -- >> i think you are right, it is about a mind set they decided we don't you know political correctness, we don't want to talk about anything that might discriminate. we put blinders on the reality, it is time little bit at political correctness took a back say the to common sense, if we're blinded
in the markets. we will get to rich with the latest development now evolving president obama with these powdered subsistence, ricin, or whatever they may be in a couple minutes. dagen: nicole petallides is at the new york stock exchange with more. nicole: easy come easy go. use all the up arrow's yesterday. how about the tech heavy nasdaq version mark down over 2%. you had earnings and both bank of america and intel are to the downside. some cases, seven week lows for the european stocks. back to you. connell: thank you, nicole. dagen: learning a second letter containing a powdered substance thought to be ricin was also sent to president obama. connell: we do not know yet. rich edson has the story. rich: two letters, one sent to a senator, one sent to president obama. intercepted at a secondary facility. both containing a white powdery substance. the one sent to the senator preliminary tested positive for ricin. the one sent to president obama is also being tested right now. those who handled these letters are not showing any symptoms right now of being affected with some type of poison. this is
concerning president obama that were lost. they are now being followed up by some things that were more truthful. if you are out to lunch, you missed the whole thing. lori: we can confirm that the ap twitter account was attacked. it was to your point false. melissa: that is amazing. we are talking about the power of twitter you see the market perhaps react and respond to that. it is back to where it was now. a major stock to watch today is netflix. shares soaring today. time to make some money with charles payne. did you see what just happened? charles: so unfortunate when these things happen. one of the most amazing stealth rallies in history. it is really sad, sad stuff. i netflix. [ laughter ] my daughter is at the house on sunday. she said she is getting rid of cable and doing netflix. this is an amazing quarter for the company. what was interesting, i would have put up a table of the membership and the profit sources. everyone talks about streaming right now. you would be surprised. dvds really did well for them. their core business. melissa: isn't this amazing, remember dvds? char
on the latest on the boston marathon, president obama spoke at an interfaith church service as investigators search for the press or people responsible for the attack. rich edson has the latest. rich: president obama just arrived at massachusetts general hospital where he will meet with hospital staff, some of the victims of this. he was meeting with those of the boston athletic association, volunteers, victims' families, first responses, link the statement of the president of the added stake in boston speaking at the interfaith service attended by number of dignitaries including former presidential challenger mitt romney who was in attendance with his son. when you listen to what the president spoke for about noon he started speaking and set a stern message to the bombers. >> bostonians carried victims and their arms, little water and blankets, lined up to give blood. opened their homes to total strangers, give them lives back to reunite with their families. that is love. that is the message we send to those who carried this out to anyone who would do harm to our people. yes, we will find y
about mental health i counted during the obama administration there is less than 100 prosecutions for giving fire arms to people who are mentally defective. less than 100 since he became president. that is an area where there is broad consensus. how about enforcing the current background check clock? we ask the attorney general and this administration for the prosecution's veiling background checks since he became president i don't need a lecture from him and about gun violence i watched his 16 years if you want to stop people from killing other people then deal with the mental health component and keep weapons out of the people who have no business having them but today you cannot sell a gun to a prohibited per cent without a private sale of a gun show or ephedrine licensed firearms tell me how you do in forcing the tools we give you then we will consider giving you more. lou: as a citizen i get a little nervous when i hear this president talk about liars that the nra when that represents if those of us who are interested and preserving our rights and gun owners who want to exerc
for retirement? you're not going to believe what's hidden in president obama's budget proposal. >>> and gold, what a wild ride this past week, plunging 10% in one day. is it still a safe place to invest your money? >>> security washington, new york, and major cities after the bombings at the boston marathon. the question is, have we as americans become complacent about our national security? how safe are we from terror attacks on our own soil? earlier this week i spoke with the former head of the cia's bin laden unit. where do you, on a scale of 1 to 100, 100% there's no way you can be 100% safe. are we 99% safe? are we 10% sa? what's your estimate? >> you know, i would say probably we're 50% or 60% on the safe side. i think there is a -- the growth, especially if we're talking about the islamic world, of people who want to attack us here in the united states, has grown significaly. as has the animosity of parts of our muslim population here in the united states. we're not immune to what has gone on in france or spain or the uk. so i think that's a problem. but i also think we're at some ris
to president obama's budget and take a look at this statistic. 86% of tax increases will fall on people making $200,000 a year or more in 2015. this according to the new study by the tax policy center. what to make of this? joining us is the senior political analyst for the washington examiner. michael, good to see you. i'm more interested in the fact that earners nearly every income level will bear some sort of tax increase in this which flies in the face behalf president obama promised years ago. >> when president obama was running for his first term, he said he wasn't going to raise taxes on ordinary people. that's actually been violated in a number of ways, including in the obama care law and early increase in the cigarette tax that tends to hit down scale people more often than it hits upscale people. but in the second term, he's putting in his budget these proposals to change, as i understand it, the c.p.i. that means that your bracket increases will go into effect earlier. people will be thrust into higher tax brackets and so-called buffett tax which amounts to a sort of revival of the
subsidies favoring certain companies over others is picking winners and loser, but the obama white house has a very bad scoreboard of picking mostly losers like. solyndra, that go bankrupt at taxpayer's expect we do not have money or resources for this. we have as there are assistant $17 trillion national debt now is not the time. neil: how do they do it, if you bet on new technology, does government get behind it. >> we lost everything, we have green taxes, we just tax people. we have seen it before. fundamentally, there does need to be reform in washington, $100 billion a year in corporate welfare, crony capitalism that needs to be looked at money from that should be us used at the gn energy. neil: i we think we should drop all subsidies. >> this green energy stuff is crony capitalism. neil: just, get rid of them all, what do you think? >> neil, we're in middle of that, new tech is a government guaranteed lender, that program is worked for 53 years, this year because of the risk sharing between new tech and government a zero subsidy item. there are times where government, does play an acti
the boston marathon? like, are you angry at, you know, not enough people follow michelle obama's gitelines for dieting? i have no clue. hard to make sense. >> i think it makes sense. i think it does make sense because it's a soft target, high profile, internationally known, and it's a soft target. you hit a soft target, and you do the same thing anywhere around this country, 10 we're all at risk, and that is the message of this bombing. >> but, stu, if you wanted to highlight, get the world's attention, blow up the bombs when the elite runners crossed, when the size of the crowd of observers was at the height, when the international media was zoomed in, but waiting an hour and a half, it was the size of the runner's crowd at the height. many of the race fans, if you will, went off. it was just family members and friends there. it's a different attack. i -- i'm very afraid that we're going to find out this was an idiot bombing with the mark david attack on john len non, a nut with something to prove. obviously, the horror is the horror no matter what, but if it's an international narrative,
with a live briefing one starts. dagen: president obama briefed this morning. we are looking at this live breast priest -- press briefing- press briefing. meantime in washington president obama was briefed this morning on the boston investigation. the man had. we go to rich jensen at the white house with the latest. >> reporter: a very fluid situation. the national security staff convening about an hour-long briefing this morning that ended -t about -- probably an hour ago. we were supposed to get a briefing in new from the press secretary, just a regular is scheduled briefing, the daily briefing. that has been pushed off, postponed to a time to be determined. we are learning now also comes from capitol hill. his reporting, is senior source on capitol hill was brief but a national data terrorism center saying that police believed dzhokhar tsarnaev is still in the boston area and it is important they get all the time and do so live because they want to find out if this is something broader. there is another person involved those sources saying it is hard to believe that these two men opera
obama's stamp of approval. latest with the man leading the fight in canada, and is apple rotten? latest earnings report two hours ago with enough to turn the stock around. details ex-. -- details next. ♪ [ male announcer ] with free package pickup from the united states postal service a small jam maker can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ gerri: apple shares falling slightly after being up by 6% at one point after they announced earnings, and after the tech giant released its much anticipated second quarter earnings report beating expectation on top and bottom line, good news for shareholders, the company will return a hundred billion dollars to them by the end of 2015. joining me, all things digital senior editor, welcome back. it's always good to see you. >> good to see you. gerri: it's a positive report. there was, you know, people were reading fine print. what do you say? >> well, i think what people pay attention to is the forward gyps, just also remember apple generally always gives conservat
. it should be triple that. we'll investigate. so much for president obama's second term bounce. his agenda, i say, falling apart, three key pieces going nowhere or in big trouble. a new hour of "varney and company" starts now. ♪ first, an update on the blast in texas. extraordinary video out this morning of the explosion in the town of west, texas. it started as a fire at the plant, but after firefighters rushed to the scene, the plant literally exploded, leaving first responders among the dead. the area around the area is decimated. that's a direct quote. five dead, 160 # woundedded. the blast so powerful it registered a 2.1 on the earthquake scale and felt as far as 45 miles away. more updates as the information comes in. check the big board, moving a little bit lower. we're down almost 50 points, 14500 is where we are. to nicole, the big stock followed today dipped below 400. that's apple. where is it now? >> right, at 398.52, watching it closely because yesterday was a monumental daybreaking down below 400 for the first time since december of 2011, so, obviously, it's been pummeled, dow
more on the reaction from washington, rich edson is live at the white house. president obama was briefed on the situation this morning, the situation room as it is called is active. rich: it is quite active and has been this morning and president obama started a meeting with the vice president, it lasted an hour. we have subsequent meetings here, secretary of state john kerry, secretary of defense shuts hegel, director of intelligence james clapper and others at the white house. however senior administration officials stress that is for previously scheduled meeting of national security principals, so nothing really specifically to do, nor was unscheduled specifically because of the events in boston, that was earlier this morning. news from capitol hill according to bret baier of fox news saying officials briefed lawmakers on capitol hill telling them they really want to get this second suspect alive find out perhaps if there are any more people involved, find out whether they have any training overseas or if they were radicalized in the united states or overseas and that has
, possibly that is still being tested, to president obama and to u.s. senator roger wicker. what had happened, at its off site mailing screening centers, authorities intercepted these letters. there were preliminary results saying they had tested positive for ricin. now authorities are looking whether or not they actually have. these tests usually take for final confirmation anywhere between 24 and 48 hours. so they're waiting on results of that. these are two letters the fbi says came from tennessee. so they continued their investigation there. meanwhile on capitol hill today, in a number of senate office buildings there were reports of suspicious packages, suspicious envelopes, suspicious packages being sent to state offices, local offices of u.s. senators. much of that has been cleared already. this is heightened sense of really, sensitivity here in washington, d.c. to watch out for all of these kind of things. u.s. capitol police and authorities are asking staff and lawmakers to be ever vigilant here. so far this seems to be the by-product of that. what we're really looking at now, those
bad. it's a black guy for the obama administration, congress and the faa. this is going to come back and haunt washington in a major way. connell: you said it would be disastrous for the administration. why? >> well, i think ultimately the jury understands there are always ways to cut spending. it would make the obama administration appear as though it is making six. there has to be some other way to reduce expenditures that do not impact flight times and everything. do not think this looks good for congress or the obama administration. connell: most people believe that it is the big four medicare and the fence that would really hit the budget and that is where we would really have to cut back. we do that, there will be political fallout from everything. they like their social security. they like their better. >> yes. i think so. the real problem is government overspent. we also have a lack of growth. if you have strong economic growth, you would not have these problems of revenue shortfalls that come into spending. ultimately, this is pretty basic. there is a lot of pork in the budg
that preliminarily tested positive for ricin. one addressed to president obama. one addressed to senator roger wicker of mississippi. they were intercepted before they got to their destinations. preliminarily testing positive for ricin. it takes 24 to 48 hours says the fbi to confirm it was ricin and that is something they're working o right now. a bit of a scare here in washington today as suspicious packages were reported in a number of different corners of senate office buildings. since that time after the initial care, all those packages and letters have been cleared. there are reports of suspicious letters being sent to a number of senate state offices. some of those have an about cleared. others are under investigation right now. also looking forward to tomorrow when president obama heads to boston for a memorial service. back to you. melissa: that's a lot. rich edson, thanks so much for that update. so as you know the boston marathon bombing sending shockwaves throughout our nation. we are still reeling from the death and destruction. joining me, kevin miles, a former fbi bomb technician and m
-month low. john kingston will tell us how low oil will go. lori: a letter sent to president obama was poisenned with ricin, parts of capitol hill shut down because of suspicious packages and letters. the buildings are just been cleared. latest ahead. melissa: the senate in the middle of the night, literally, boost the u.s. economy as supporters claim it will? lou dobbs is here. lori: let's update you on the markets as we do every 15 minutes, happening fast and furiously. we have the first check in this hour with nicole. what's the word on the floor among traders there, nicole? >> a couple things to note, obviously, we were selling off, back looking at what we looked at on monday, monday, we dropped 265 points, below even those levels. the vix, fear index, up 20% easily showing the nervousness in the market. selling across the board, particularly in economic sensitive areas like energy and technology, and apple, for example, below $400, and we'll is more on that throughout the show. the one thing to note is the volume is not as heavy like we saw on monday. there's less volume and l
passed the finish line. president obama has called for a moment of silence for the victims of the boston marathon bombings next hour at 2:50 p.m. eastern. exactly a week after the first bomb exploded. let's get you back to melissa and lori. melissa: thank you so much. fred chairman ben bernanke skipping the annual jackson hole meeting due to a schedule conflict. that news is already causing rampant speculation. this is a big deal. the fed chairman has been there 25 years. they use the of that to signal policy changes. what do you think is going on? >> i think again, chairman bernanke is opening the door that if in fact he is not re- appointed and i think the market expected before the announcement that he would not seek reappointment, they knew person would have a clean slate to work from. there've been not think that he would say in august that someone would have to change. i think a lot of discussion is that policy will change sometime in 2014. i think it makes it easier for the new person in not having to overturn policy. melissa: not going and not saying anything almost has the same
obama calling this now, a terror investigation. no longer a criminal investigation, but a terror investigation. and the president says investigators are still working to find out who did this. >> in coming days we will pursue every effort to get to the bottom of what happened and we will continue to remain vigilant havy administration to take appropriate security measures to protect the american people, and this is a good time for all of us to remember that we all have a part it play in alerting authorities, if you see something suspicious. speak up. >> senior intelligence officials are expected to be on capitol hill shortly to brief relevant congressional committees on all this. there is heightened sense of security on washington, d.c. today. on capitol hill and here at the white house. ever since yesterday there has been a barrier essentially not allowing to people to walk down pennsylvania avenue. that traffic pushed off to the north side of the street and it is still up. back to you. david: thank you very much, rich. appreciate it. liz: intel stock following its earnings rele
surgery at four boston hospitals. meanwhile, president obama has left no question that the boston marathon bombing was an act of terrorism. the fbi is it evidence response team processing a scene along with the alcohol, tobacco, firearms, and state and local agencies looking for evidence and coming through the debris for any clues that might lead to the capture of those responsible for the carnage. >> this morning the fbi along with boston pd, massachusetts state police, and atf, officially began its forensic evans recovery effort at the site. their goal was to recover physical items related to the blast. those items have been recovered and are being sent to the fbi's laboratory in quantico, virginia lou: the fbi has confirmed there are no plans a responsibility and that the range of suspects and motives remains wide open. authorities are asking anyone with photographs or video near the scene of the explosions to take that evidence to the fbi for examination. the critically important part in the investigation focuses on the components used to make the two bombs and the device or devices us
laced with poison sent to president obama and senator roger wicker was indeed ricin. authorities are now saying it was a low grade, not necessarily but denies. in other words, it would not be fatal. it doesn't mean that it is any less dangerous. is potentially for those who come into direct contact with the. but the authorities are now saying it was a low great variety, still a threat. it would get the latest from peter barnes on that in just a second. in the meantime, this weapon in boston, as you know, they're looking at two potential suspects. but what is not suspect right now is the type of weapon used. crude but effective. one, the former marine lieutenant colonel says it could become the weapon of choice for terrorists in this country, whether they are terrorists from this country are not. explain what you mean by that and whether they have, in fact, come to our sure. >> well, the term ieds is relatively new, but the whole concept of what -- we use the term booby trap, really the same thing we have with ieds. certainly timothy mcveigh, the unabomber, those are names that come to mi
and obama administration. and michael good to have you here, ed thank you. that is it for us, thank you for being with us, tomorrow vocal critic of the "gang of 8 lamar smith will join us, god night from new york. neil: high-tech, got them in boston. high-tech might have flew warted a terror attack that could have killed a lot more in canada and new york. do you think that priva concerns such technology raises will be reined in by these guys? not now, maybe not ever. because see those cameras following your every move? just smile. keep on moving. because they are staying. welcome i'm neil cavuto, dzhokhar tsarnaev is in a hospital alive. because not only did cameras catch him in the a but a thermal image caught him hides after the act. they might have contributed to keepining the body count down. look at what the fancy gadgets pick up when they are snooping, is answer suck it up? let's just say a week after boston no one is talking pvacy anything in washington. happy we're told we can get our lives back, i am not so happy we're being just as scrutinized we do. a look at whether scot
out and disruptions occurred. not a good situation. rich: the obama administration says the altar of the faa staff is personnel workers, the only way to comply with the numbers of these automatic but it cuts is you have to furlough air traffic controllers. back to you. liz: that to me seems everybody is overblown mess. what do you think? rich: it depends on where you go. when i started with a flight control system where there are no delays. differentiating if this is delayed because of weather or if jfk they are doing tarmac work or the wind at laguardia. the number of different factors playing and a number of reasons they want to make it seem worse than it actually is. liz: tell me something i don't know on any given day. thank you. what will these delays real or imagined mean for the airlines? director and senior analyst. give me your assessment. is this way overblown? >> i think in the short term it is probably not. the faa shut down two summers ago and we had no traffic delays except for weather related to this says to us the administration wants there to be delays they are ca
we saw in obama package in 2009, a big interest in homeownership, and it rolled back, you will see roll back win arrests g when in, and people paying a lot more, and cheap sale are gone. i would not say a crash but people have to be realistic, housing is not a good investment. last month there was a survey that americans thought were best classes were gold and housing, how has gold gone the last couple of weeks. melissa: that makes sense, so unlike the government to create another bubble some where. thank you, great ideas. >> all right, for today's fuel gauge report. carbon dioxide emissions in u.s. are at lowest levels since 1994, drop is attributed in large part to more electricity made with natural gas, 2005 co2 emissions have fallen 12%, an. an expected increase is due to more regulation implemented. because of environmental disasters. >> there are still 60 people missing in west, texas, after a massive explosion. at the west fertilizer plant wednesday night, 13 people were killed, including first responders, about 200 more injured. we do not want to forget those people in that
we have a lot of winners. >> nicole, we'll see you in 15 minutes. >> all right. president obama calling the bombings in boston an act of terrorism as the fbi continues to search for a suspect. rich edson outside the white house has breaking news on the investigation, rich, what is it? >> we do just in the last minute from our producer saying federal law enforcement officials confirmed to fox they have just ruled out that saudi man as a suspect in the bombing. remember, he had been questioned. he was never named as a suspect. the 20-year-old saudi here on visa, and law enforcement officials confirm he is ruled out as a suspect. this after a day of briefings at the white house. the president meeting earlier today with the national security team speaking earlier today. we'r from security officials, says fox news, remanents of a pressure cooker found on-site, a style first seen in afghanistan, but yet too early to determine if this is a type of device from overseas. also, some officials confirming only two bombs found in boston, the two that exploded. there is no one in custody at t
pilots association. a lot of republicans have charged that the obama administration is actually trying to make this look worse, make sequestration look worse for the republicans and not taking steps to try and make this system better. ray lahood and company said, hey listen, you want us to save $400 million a year. we have to do it somehow. this is how we're doing it. take a look at airline stocks. today they're doing pretty good. i want to focus on southwest. it had a great year. so have all the airlines. they're up over 60% year-to-date. even if you look today the stocks are okay. but i'll tell you, if what they say is going to happen on sunday and monday here and going forward. those airline stocks are headed just the other way. if we have the kind of delays they're talking about, real quick before i get away, show the towers, if you have the pictures of the towers out here. what will this mean, these furloughs? there won't be enough controllers. o'hare will have to shut down one of its two air traffic control towers. that means fewer runways can operate and fewer flights can take o
krueger, adviser to president obama. if you want to debate that, just go to other countries like ours that have a higher minimum wage, somehow they have -- david: ralph, i don't want to get into weeds. >> wait, wait. australia is double. minimum wage has a lower unemployment. david: hold on, hold on. you're mixing -- australia has a very low unemployment rate because their commodities industry has been feeding china for the past ten years. that's why they have -- it's not because of high minimum wage. >> try canada, try france, try germany, try denmark. any country in the western world has a higher real minimum wage. david: at the risk of totally -- >> no. david: -- making this into an academic discussion, david newmark looked at more than a hundred academic studies, and 85% of those studies find a negative employment effect on low skilled workers. so you're wrong! >> why don't you reduce the minimum wage, david, you'll increase jobs. do you want to do that? this is a moral issue, and the moral issue is reflected by companies like costco that starts workers at $11.50 because the head
, president obama is currently being briefed by nestle security officials and by the fbi. we had a stand that the president was kept informed of what was going on throughout the night. he was briefed repeatedly, undergoing another briefing as speak. you're looking in the left-hand side of your screen, that is a small house in, i think it is montgomery village and maryland. that is a house that is occupied by the two terrorists uncle. it was the uncle who was telling the media, speaking to the media earlier that these two people had been in america for ten years. they came here originally as boxers in some kind of sporting capacity. they have been nearly 14 years. last word to you, mr. o'toole. you think this is personal, not international politics. that is respect this in? >> is not my speculation. as simply have to consider that as a possibility because of the fact pattern of this case. stuart: all right. thank you very much for joining us. we welcome your input. two parallel stories. money and terrorism. back in a moment. everybody has different investment objectives, ideas, goals, app
Search Results 0 to 36 of about 37 (some duplicates have been removed)